Lakefront Resort with
11633 LAKEVIEW DR, Butternut, WI 54514
For Sale
$849,000
Under Contract
CommercialSale, Butternut, WI
Property SizeContact for details
Lot Size2.70 Acres
Days on Market142
Property Features for 11633 LAKEVIEW DR
General Information
Property type
Property subtype
Bathrooms
Half bathrooms
Rooms
Parking features
Exterior features
Accessibility
Lot features
View
Directions
Standard status
APN
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Water front features
Water front
Amenities
waterfront dining patio
boat docks
multiple piers
storage shed
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
RENEE & CHAD RASMUSSEN TEAM · License WI 71524-94
(715) 614-3325
Added: Jun 25
Changed: Oct 25
Last Checked: Nov 13 at 11:06PM
MLS# 218101
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.7-acre lakefront hospitality property includes a restaurant and tavern, four guest cabins, a storage shed, and multiple piers. Cabin accommodations comprise a 3BR/1BA unit, a 1BR plus loft/1BA unit, and two studio cabins with lofts and bathrooms. The sale includes the real estate and business, along with restaurant equipment, furnishings, fixtures, business assets, and cabin contents. Equipment updates include a new ice machine (2026), a pizza prep table, beverage cooler, walk-in cooler compressor, and newer docks.
The property has approximately 190'+/- of frontage on recreational Butternut Lake, with a lakeside patio and paved parking. It is situated on ATV and snowmobile routes, and guests can arrive by boat or vehicle. Recent physical features also include a storage shed and space for potential expansion, subject to buyer verification.
The property has approximately 190'+/- of frontage on recreational Butternut Lake, with a lakeside patio and paved parking. It is situated on ATV and snowmobile routes, and guests can arrive by boat or vehicle. Recent physical features also include a storage shed and space for potential expansion, subject to buyer verification.
Key Highlights
- Approximately 2.7 acres with 190'+/- of frontage on Butternut Lake
- Four cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms
- Sale includes real estate, business, restaurant equipment, furnishings, fixtures, business assets, and cabin contents
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 54514, WI
1,673
Population
1,556
Households
1.1
Avg Household Size
55
Median Age
21%
College-Educated
95%
High-School Grad
227.7 sq mi
ZIP Area
7
Density / Sq Mi
$73,875
Median Household Income
$40,978
Median Earnings
$633
Median Rent
$158,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Resort - The property combines restaurant and tavern operations with four on-site cabins and multiple piers for boat access.
Where is this resort located?
The property is located at 11633 LAKEVIEW DR Butternut, WI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Approximately 2.7 acres with 190'+/- of frontage on Butternut Lake; Four cabins: one 3BR/1BA, one 1BR plus loft/1BA, and two studio cabins with lofts and bathrooms; Sale includes real estate, business, restaurant equipment, furnishings, fixtures, business assets, and cabin contents
